UBS and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first quarter (Q1) of 2023 by value and volume, respectively, according to the latest financial advisers league table by data and analytics company GlobalData.
An analysis of its Financial Deals Database reveals UBS achieved the top position in terms of value by advising on US$15.1bn worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on two deals.
Aurojyoti Bose, lead analyst at GlobalData, said: “UBS was the clear winner by a significant margin as it was the only adviser to surpass the $10bn mark in total deal value during Q1 2023. It also occupied the fourth position by volume during the quarter. Similarly, Rothschild & Co, apart from leading by volume, also occupied the second position by value during Q1 2023.”
EF Hutton Financial Corp occupied the third position, in terms of value, by advising on $225million worth of deals, followed by Cameron Barney LLP with $198 million and Gengxin Capital with $18 million.
Meanwhile, EF Hutton Financial Corp occupied the second position by volume having advised on two deals, followed by Stifel/KBW with two deals, UBS with one deal and Cameron Barney LLP with one.
White & Case and CMS were the top mergers and acquisitions (M&A) legal advisers in the automotive sector during the first quarter (Q1) of 2023 by value and volume, respectively, according to the latest legal advisers league table.
White & Case achieved the top position in terms of value by advising on $15.7bn worth of deals. Meanwhile, CMS led in terms of volume by advising on three.
Bose: “CMS, despite leading by volume, did not feature among the top 10 by value. Meanwhile, White & Case, apart from leading by value, also occupied the second position by volume. On the other hand, White & Case was the only firm with total value of the deals advised exceeding $10bn during Q1 2023.”
White & Case was distantly followed by Cleary Gottlieb Steen & Hamilton, which occupied the second position in terms of value, by advising on $2bn worth of deals. Hogan Lovells occupied the third position by value having advised on deals worth $577m while Loeb & Loeb and Shuffield, Lowman & Wilson, PA jointly occupied the fourth position by this metric with $225m in total deal value each.
Meanwhile, White & Case occupied the second position in terms of volume by advising on two deals, followed by Sidley Austin with two deals, Jones Day with two deals, and Cleary Gottlieb Steen & Hamilton with one.
